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Read: Wesco Int’l Divests Canadian Datacom Business to Guillevin

Wesco Int’l Divests Canadian Datacom Business to Guillevin

Following the similar sale of its Canadian utility business, the move was required to meet agreements as part of Wesco’s Anixter acquisition.

Read: Wesco Reports 2020 Sales Increased 48% on Anixter Acquisition

Wesco Reports 2020 Sales Increased 48% on Anixter Acquisition

Net sales for the fourth quarter increased 97%, which the wholesale distributor attributes in large part to acquiring rival Anixter in 2020.

Read: Wesco Sells Canadian Utility Distribution Business to Rexel

Wesco Sells Canadian Utility Distribution Business to Rexel

The deal partially fulfills Wesco’s pledge to divest its Canadian utility and datacom businesses in connection to its merger with Anixter.

Read: Safe Zone Gunfire Detection System Now Distributed by Anixter

Safe Zone Gunfire Detection System Now Distributed by Anixter

In addition to Anixter, the Safe Zone Gunfire Detection System is available through ADI, Wesco and many other mid-market regional distributors.

Read: Wesco Finalizes Merger With Anixter to Consolidate Fragmented Market

Wesco Finalizes Merger With Anixter to Consolidate Fragmented Market

The transaction was in the works since last year and getting to this point required Wesco to fight off a private equity firm that wanted to buy Anixter.

Read: Wesco and Anixter Name Post-Closing Leadership Team

Wesco and Anixter Name Post-Closing Leadership Team

The transaction is expected to close in the second or third quarter of 2020, subject to the satisfaction of remaining customary closing conditions.

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